Maryhurst Inc

Analysis

Maryhurst Inc is a registered charity in United States, based in Louisville, KY. It received its IRS tax-exemption ruling in January 1998, 28 years ago. Its declared purposes cover youth development, which this site groups under children and youth development. The IRS classifies it as a publicly supported organisation (donations from the general public) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2023, Maryhurst Inc reported income of $18.5m and spending of $17.3m, spending 93% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $15.9m to $18.5m (+16%), an average of +3.9% a year. Over the whole period it spent 93% of the income it received.

Among 14,332 United States charities whose main cause is children and youth development and that reported income, Maryhurst Inc sits at the 100th percentile: it is one of the largest 1% in its cause. Against every charity in United States with reported income it ranks in the 97th percentile, and in the 96th percentile within KY. Charities of a similar size with the same main cause include Camp Harbor View Foundation Inc ($18.2m), Latin American Youth Center Inc ($18.5m) and Good Sports Inc ($18.1m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 26% and program service revenue 72% of the total. Compensation of current officers, directors and key employees was $294k (1.7% of expenses). Other salaries and wages came to $11.0m. At year end it held assets of $18.0m against liabilities of $2.7m, net assets of $15.3m. It reported 447 employees.